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“Innovation Triangle”

Imperial College London has partnered with the Royal College of Art to create a $10 million multidisciplinary centre called Design-London. The new center’s purpose is to link design, engineering, technology, and business to address the challenges of future innovation. To accomplish that goal, Design-London will create what its partners call an “innovation triangle,” which will incorporate design (represented by the Royal College of Art), engineering and technology (represented by Imperial College Faculty of Engineering) and the business of innovation (represented by Imperial's Tanaka Business School). In addition to promoting the sharing of knowledge between students in the participating schools, the center will also explore how design can be more effectively integrated with business and technology to create products and services. The center will include the “Incubator,” a dynamic multidisciplinary environment for business development, and the “Simulator,” offering tools and other resources for bringing innovative ideas to life.

Revamped MBA Mirrors Workplace

Students entering the new master of business administration program at the University of Louisville this fall will find that going to class is a lot more like going to work. Last month, the university replaced its traditional MBA program with The Professional MBA, a two-year program that stresses teamwork and interaction with real local businesses. The program is designed to mirror the real business world. As they study foundational subjects like marketing and finance, students will also learn skills in career management, conflict resolution, risk management, and creativity. The program also includes an international studies trip. The idea is to help students excel “in the most challenging business environments,” said R. Charles Moyer, dean of the College of Business and Public Administration.

Talking the Talk

The Graduate School of Business at South Africa’s University of Cape Town offers a course in its executive education curriculum designed to guide South African businesses on trends, technologies, and the lingo of today’s information age. Titled “Nomadic Marketing,” the course delves into the intricacies of Web 2.0—blogging, social networking, marketing via mobile—and other business applications of new media.

Tepper Targets Millennials

Carnegie Mellon University, well known for finding new applications for new technologies, is applying some of its knowledge at home. The university’s Tepper School of Business has unveiled a new website,, that is aimed squarely at the Millennial generation. The new site “takes a ‘show more, tell less’ approach to Web marketing and portrays the Tepper experience as unconventional by design,” sources at Tepper say, and features stories about the accomplishments of the school’s faculty, students, and alumni. It includes multimedia content covering news and events, slideshows, audio and video podcasts, and interactive forums like enhanced message boards for program applicants. Tepper also plans to launch a library of audio and video podcast interviews and other material through iTunesU, a dedicated area in Apple's iTunes store.

Comparing Education Worldwide

A new primer from the American Council on Education tells how to make sense of comparative performance measures of postsecondary education. Apples and Oranges in the Flat World: A Layperson's Guide to International Comparisons of Postsecondary Education, by Jane V. Wellman, explains the limitations of international comparisons, and describes the most frequently cited sources. Among other commonly cited indicators, the book examines categories of educational performance; productivity of scientists and engineers; finances; spending in science and technology; student mobility and international enrollments; and international rankings of institutions. For more information, visit

Toronto MBA Students Consult with Nonprofit Organizations

A University of Toronto student organization that provides management consulting services to nonprofit organizations celebrates its third birthday this year. The organization, called Rotman NeXus, is based in the university’s Rotman School of Management. Since 2004, it has provided services to more than 15 not-for-profit cultural and social service organizations—including the Canadian Youth Business Foundation and the Toronto Mendelssohn Choir. Staffed by students who have completed the first year of the two-year Rotman MBA program, Rotman NeXus helps nonprofit organizations build capacity, explore new revenue streams, and broaden networks for financial and community support.

Biz Briefs

The College of Business and Economics at the University of Wisconsin-River Falls has attained initial accreditation from the Association to Advance Collegiate Schools of Business… Regents at the University of Washington have approved a $95 million budget for two new buildings at UW’s business school, to be built on campus in 2010.

From the Philanthropy Desk…

The University of Saskatchewan has renamed its College of Commerce as the N. Murray Edwards School of Business after a local businessman who has given the school $11 million to date… The Rady School of Management at the University of California, San Diego has received a $5 million gift from Tanya and Charles Brandes… At the University of Arkansas, the Wal-Mart Foundation has contributed $1.5 million to fund the new Applied Sustainability Center in the Sam M. Walton College of Business.

New Programs

The Eastern Michigan University (EMU) College of Business has signed an agreement with the University of Management and Technology (UMT), a private university in Lahore, Pakistan, that offers undergraduate, master’s, and doctoral degrees in business, to enable UMT graduate students to complete an EMU graduate certificate in disciplines that UMT does not currently offer… Starting early next year, the Eller College of Management at the Tucson-based University of Arizona will offer an accelerated Evening MBA program at its new campus in Scottsdale, Arizona… At Arizona State University, the W.P. Carey School of Business has announced that it will double the size of its evening accelerated MBA program in response to increased demand… The Said Business School at the University of Oxford has announced a new program on climate change and energy security… At DePaul University, the Kellstadt Graduate School of Business has launched an MBA concentration in sports management… In Pittsburgh, Duquesne University has developed an online master's degree for current and prospective managers of Catholic parishes. The program, which starts this month, was developed with input from priests and parish managers in response to a growing need for organization and leadership skills specific to the context of religious institutions… The Kellogg School of Management at Northwestern University has added a global course requirement to its MBA curriculum. Students will complete courses in such areas as cross-cultural negotiation, international finance, and international marketing… Effective Strategies for Media Companies: Navigating the New World, a new executive education program at Harvard Business School, is designed to provide media and entertainment companies with innovative strategies and knowledge of evolving distribution channels… Undergraduate business education has a new face: Bard College, a liberal arts college in Annandale-on-Hudson, New York, has started a new bachelor of science degree in economics and finance as part of a new five-year, dual-degree program.

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